15th October 2007

The Star Maritime

Three major ports on track to hit targets

THREE major ports in Malaysia are confident of achieving their aggregate container targets of 12.3 million TEUs (20-ft equivalent units) by year-end based on their nine months performance this year.
 
In June, the Transport Ministry announced that Port Klang, the national load centre was on its way to becoming the first port in the country to handle seven million TEUs by year-end.
 
This was based on its first five months performance this year of some 2.79 million TEUs, up 10% from the corresponding period last year.
 
The country’s transhipment terminal, Port of Tanjung Pelepas (PTP) has seen a growth of 21.4% to 2.7 million TEUs in the first six months of the year from the same period last year.
 
Westports (M) Sdn Bhd, one of the two terminals in Port Klang recorded about 3.2 million TEUs in the first nine months of the year.
 
This was a 17% growth from the 2.7 million TEUs achieved in the same period last year.
 
Out of the 3.2 million TEUs, Westports handled 2.3 million transshipment boxes, up 18% from last year.
 
For local containers, Westports recorded a growth of 14% to a total of 906,141 TEUs for the first nine months of the year versus the same period last year.
 
By year-end, Westport aims to achieve a total of 4.3 million TEUs from 3.7 million TEUs last year.
 
Going forward, Westports is embarking on a three-year RM800mil expansion plan to beef up the capacity of the port.
 
The budget was for 48 prime movers, 51 trailers, 33 rubber-tyred gantries and land reclamation.
 
The other terminal in Port Klang, Northport (M) Bhd recorded about two million TEUs in the first nine months of the year, a 1.6% growth from the 1.9 million TEUs achieved in the same period last year.
 
Its local boxes handled hit 1.3 million TEUs, up 3% from last year.
 
However, Northport's transshipment containers dropped 0.9% from last year to 718,897.
 
The slight fall could be the port's strategy to focus on local containers, which was a more profitable business than its counterpart.
 
Northport is currently on an internally generated RM585mil three-year expansion plan to increase its capacity as well as to cater to ultra-sized vessels.
 
This year the port is estimated to handle 2.8 million TEUs by year-end from the 2.7 million TEUs achieved last year.
 
PTP, which has a target of 5.3 million TEUs by year-end, has handled about 4.05 million TEUs in the first nine months of the year.
 
Mainly a transhipment port, PTP has the potential to cater to local boxes from the Iskandar Development Region, which took off early this year.
 
PTP said the healthy growth this year was due to new services introduced as well as increased volume by its existing customers.
 
Going forward, the port has ample space to expand its quay line and free zone, currently one of the major contributors to the terminal’s growth.
 
Another major port, which also recorded significant growth this year is Bintulu Port Sdn Bhd. The port was recently designated the load centre for East Malaysia.
 
For the first half of the year, Bintulu Port recorded a 35.5% growth in TEUs amounting to 114, 713 compared with the same period last year.
 
Although the port did not disclose its target this year, Bintulu Port should easily surpass the 250,000 TEUs mark by year-end based on its performance in the first six months of the year.
 
Last year, Bintulu Port handled a total of 191, 824 TEUs, up 29.8% from the previous year.
 
Already well-known as a petrochemical hub, Bintulu Port handled 12 million tonnes of liquefied natural gas for the first half of the year, a growth of 12.1% from the same period last year.
 
However, its palm oil tonnage dropped 5.4% to 666,695 tonnes for the first six months of the year.
 
Bintulu Port has the potential to not only be the hub for petrochemical cargo but also the premier maritime gateway for the Brunei-Indonesia-Malaysia-Philippines East Asean (BIMP-EAGA) and Asia Pacific region. 

  
RETURN TO NEWS PAGE
  HOME